US and China agree to extend trade truce until January: Bessent

Two-month extension follows 'very productive talks,' Treasury secretary says U.S. Treasury Secretary Scott Bessent looks speaks to the media at the World Bank on the day of his meeting with Chinese Vice Premier He Lifeng in Washington on Sept. 23. © Reuters WASHINGTON/NEW YORK — The U.S. and China have agreed to extend a fragile trade truce by two months until January, U.S. Treasury Secretary Scott Bessent said on Wednesday as Chinese President Xi Jinping kicked off his first state visit to Washington in over a decade.

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